REGISTERED NUMBER: 03734110 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EIG LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTOR:

N A Sellick

REGISTERED OFFICE:

38 Borough High Street

London

SE1 1XW

REGISTERED NUMBER:

03734110 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

7,267

5,390

CURRENT ASSETS

Debtors

5

1,732,676

608,624

Cash at bank

3,008

7,311

1,735,684

615,935

CREDITORS

Amounts falling due within one year

6

1,667,393

404,839

NET CURRENT ASSETS

68,291

211,096

TOTAL ASSETS LESS CURRENT LIABILITIES

75,558

216,486

CREDITORS

Amounts falling due after more than one year

7

(1,769

)

(12,231

)

PROVISIONS FOR LIABILITIES

-

(1,024

)

NET ASSETS

73,789

203,231

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

23,789

153,231

SHAREHOLDERS' FUNDS

73,789

203,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 July 2025 and were signed by:

N A Sellick - Director

1.	STATUTORY INFORMATION

EIG Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover

Turnover represents commissions receivable from insurance brokerage, exempt from value added tax.

Turnover is recognised dependent on the point of risk transfer, for non-direct to insurer policies this is when client's settle their policy, for direct to insurer policies this is when the premium is paid to the insurer.

Unrecognised commission income is shown as deferred income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

20% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

37,904

6,500

25,504

69,908

Additions

7,484

-

-

7,484

Disposals

(9,841

)

-

(25,504

)

(35,345

)

At 31 March 2025

35,547

6,500

-

42,047

DEPRECIATION

At 1 April 2024

32,514

6,500

25,504

64,518

Charge for year

3,643

-

-

3,643

Eliminated on disposal

(7,877

)

-

(25,504

)

(33,381

)

At 31 March 2025

28,280

6,500

-

34,780

NET BOOK VALUE

At 31 March 2025

7,267

-

-

7,267

At 31 March 2024

5,390

-

-

5,390

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,518,471

305,909

Other debtors

156,665

243,096

Tax

-

8,094

Prepayments

57,540

51,525

1,732,676

608,624

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,462

10,204

Other loans

25,000

-

Trade creditors

1,520,919

288,466

Social security and other taxes

8,948

15,936

Other creditors

9,643

7,748

Deferred income

71,999

62,866

Accrued expenses

20,422

19,619

1,667,393

404,839

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - more than 1 year

1,769

12,231

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £149,284 (2024: £229,412) from Property Consolidation (UK) LLP [OC310772], a business controlled by the director, N A Sellick.

An amount of £26,036 owed to the parent company Estate Insurance Group Limited [03632168] has been written off by mutual consent.

9.	CLIENT ACCOUNTS

The company operates client bank accounts, the balance of which represents undrawn commission income and amounts received on account from clients in respect of insurance premiums payable to insurers.

31.03.25

31.03.24

£

£

Client account net balances

96,756

27,480

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of EIG Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of EIG Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EIG Limited and state those matters that we have agreed to state to the director of EIG Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EIG Limited and its director for our work or for this report.

It is your duty to ensure that EIG Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of EIG Limited. You consider that EIG Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of EIG Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

11 July 2025